Because of the type of service I offer, I have an ideal client base. Sometimes that means saying no to certain requests. In today’s episode, I am going to share a few examples of the times that I have turned down customers, in the hope that it will help make Read more…
It is my opinion, and the opinion of many experts who have been working in the space for a long time, that the new US Crypto bill is flawed in many ways. The bill makes assumptions and proposes to impose regulations which, as I will explain today through a number Read more…
Most people are aware of the seriousness of sanctions but don’t properly understand the nuances or the mechanics behind them, which leads to the formulation of a number of misconceptions. In today’s episode, I’m going to shed some light on this topic, and by the end, you’ll have a better Read more…
Today marks one year of me bringing you Compliance That Makes Sense! In today’s episode, I share what inspired me to begin this podcast, and what has motivated me to keep going. You’ll learn more about my background, and why I am so passionate about FinTech compliance. Thank you for Read more…
Today’s article is inspired by my conversation with a taxi driver about money and Putin. I came to Salzburg for the Opera Festival and a taxi driver asked me (mixing Russian and German with some heavy Slavic accent) if I was pro or against Putin. I said “obviously against” and Read more…
For those who don’t know, DeFi is a set of technical solutions that do not have an identifiable person or body behind the service. Today’s episode was triggered by an announcement made by Shapeshift about their intention to completely decentralize their company and go all-in with DeFi because they felt Read more…
Today, I wanted to debunk a widely-held industry myth that everyone who has customers from Germany needs to arrange for a custodial solution in Germany and register with BaFin. THIS IS JUST NOT TRUE. I get why you may have this idea. In fact, it often happens in the financial Read more…
The well-established nature and high price points of large consulting firms have led to the common assumption that they are the best choice for FinTech companies looking for support with their license applications. Big Four firms do have a role to play, but in today’s show, I explain why this Read more…
Most founders would rather be seen as an inspirational, positive figure in their organization, and not as the person who has to constantly push back against their compliance team. If you are one of those founders who feel as if they are always playing the bad cop, this episode is Read more…
Five of my FinTech clients lost some of their banking relationships this year, despite the fact that they had been partnering for 3 years prior to that. There were 2 main reasons for account terminations: FinTech startups commenced new activities with new clients and the banks refused to support these new financial Read more…